11 numbers to know in 2024 — starting with FSAs, 401(k)s
HRExecutive
NOVEMBER 20, 2023
According to recent figures released by the Internal Revenue Service , limits on out-of-pocket expenses and contributions to flexible spending accounts , 401(k)s, health savings accounts and high-deductible health plans will increase in 2024. - Advertisement - These increases come as the inflation rate remains stubbornly high at 3.2% in October. And economists say this rate is not likely to fall to the Fed’s long-term target of 2% in 2024.
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